Washington’s latest move to restrain Beijing from fostering its chipmaking industry is powering China’s semiconductor stocks as the US restrictions could fire up support for homegrown technology. China chipmakers were…
Category: Technology
Voyager Seeks Bankruptcy as Crypto Mogul’s Lifeline Fails
Crypto broker Voyager Digital Ltd. filed for Chapter 11 bankruptcy protection just weeks after getting a lifeline from billionaire Sam Bankman-Fried’s Alameda Research, citing market volatility and the collapse of…
Payment Giant Has SWIFT Alternative for Indian Expats
The company that built India’s digital payments backbone plans to make it cheaper and easier for the nation’s 32 million expatriates to bring their money home. Indians overseas remitted $87…
HKEX CEO Sees China Giants Moving to Primary H.K. Listing
Hong Kong is likely to see more dual-traded companies shift toward primary listings in the financial hub as they seek inclusion in trading links with mainland China, according to the…
UK Amendment Puts Onus on Big Tech to Tackle Online Child Abuse
The UK will compel technology companies to find ways to identify and remove child abuse images from their platforms in an amendment to the Online Safety Bill. The amendment puts…
Crypto Exchange Finds a New Source of Revenue: ‘Inactivity Fee’
Crypto exchange Bitstamp plans to charge a monthly “inactivity fee” for certain users, as the market downturn weighs on trading volume in the industry. The charges, at 10 euros ($10.27)…
VMware-Broadcom Deal Moves Ahead as Go-Shop Period Ends
Broadcom Inc.’s $61 billion deal for VMware Inc. will move forward after a rival bidder failed to emerge to break up the deal for the cloud-computing company during its so-called…